Cape Town - West Bromwich Albion have set 31 May as the deadline for potential buyers to put in their bids to buy the Premier League club.
Baggies chairman Jeremy Peace has set a price tag of £150m, and interested parties from as far afield as the US and the Far East have already tabled bids.
"Due diligence on West Brom could take as little as three weeks, so the chairman's deadline could be met," says BBC Radio 5's Pat Murphy.
"Club Chairman Jeremy Peace knows the importance of a successful transfer window this summer and won't allow this to drag on through June and July.
"He feels that the head coach Tony Pulis deserves a clear run at his transfer targets, with guarantees of considerable expenditure."
Peace owns a 90 per cent stake in the West Midlands outfit and has been chairman for the past 13 years.
It is believed that Pulis' position as first-team manager will not be affected by the forthcoming change in ownership.